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{{Infobox website
{{Infobox company
| name = Xometry
| name = Xometry, Inc.
| trade_name = Xometry
⚫
| industry = [[Marketplace]]
| type = [[Public company|Public]]
⚫
| founded = 2013
| traded_as = {{NASDAQ|XMTR}}
| founder = Randy Altschuler<br>Laurence Zuriff
⚫
| industry = [[Marketplace]]
| headquarters = [[Bethesda, Maryland]], [[United States|U.S.]]
⚫
| founded = 2013
| area_served = Worldwide
| key_people = Randy Altschuler ([[CEO]])<br>George Horning ([[Chairman]])
| founders = {{Unbulleted list|[[Randy Altschuler]] ([[CEO]])|Laurence Zuriff}}
| key_people = George Horning ([[Chairman]])
⚫
| num_employees = 300
| hq_location_city = [[Derwood, Maryland]]<ref>{{cite web|url=https://sec.report/Document/0001193125-21-194064/ | title=Xometry S-1 SEC Filing Amendment 1 | access-date=1 July 2021}}</ref>
⚫
| url = {{URL|https://www.xometry.com/|xometry.com}}
| hq_location_country = United States
⚫
| num_employees = 386
| num_employees_year = 2021
⚫
| website = {{URL|https://www.xometry.com/|xometry.com}}
}}
}}

'''Xometry''' is an [[Just-in-time manufacturing|on-demand industrial parts]] [[marketplace]] based in [[Gaithersburg, Maryland]].<ref name="wsj2019">{{cite web|url=https://www.wsj.com/articles/xometry-raises-50-million-for-on-demand-parts-marketplace-11557741720 | title=Xometry Raises $50 Million for on Demand Parts Marketplace | publisher=Wall Street Journal | access-date=24 June 2019}}</ref>
'''Xometry''' is an [[Just-in-time manufacturing|on-demand industrial parts]] [[marketplace]] based in [[Derwood, Maryland]].<ref name="wsj2019">{{cite web|url=https://www.wsj.com/articles/xometry-raises-50-million-for-on-demand-parts-marketplace-11557741720 | title=Xometry Raises $50 Million for on Demand Parts Marketplace | publisher=Wall Street Journal | access-date=24 June 2019}}</ref>


Its CEO and co-founder is [[Randy Altschuler]].<ref name="wsj2019"/><ref>{{cite web|url=https://www.forbes.com/sites/forbestreptalks/2017/03/20/what-donald-trump-can-learn-about-reviving-manufacturing-from-a-startup/#91da432abb8d | title=What Donald Trump Can Learn About Reviving Manufacturing From A Startup | work=Forbes | access-date=25 June 2019}}</ref><ref>{{cite web|url=https://www.usnews.com/news/maker-cities/articles/2017-06-28/bmw-ge-commit-millions-to-digital-manufacturing-marketplace | title=BMW, GE Commit Millions to Digital Manufacturing Marketplace | publisher=US News & World Report | access-date=25 June 2019}}</ref> Its customers include [[BMW]], [[NASA]], [[Robert Bosch GmbH|Bosch]], [[Dell]] and [[General Electric]].<ref name="wapo2021"/><ref>{{cite web|url=https://www.forbes.com/sites/marcoannunziata/2019/05/13/manufacturing-as-a-service-platforms-the-new-efficiency-revolution/#7cd3e5057fdb | title=Manufacturing as a Service Platforms: The New Efficiency Revolution | work=Forbes | access-date=25 June 2019}}</ref><ref>{{cite web|url=https://www.foxbusiness.com/features/xometry-raises-15-million-in-funding | title=Xometry Raises $15 Million in Funding | publisher=Fox Business | access-date=25 June 2019}}</ref>
Its CEO and co-founder is [[Randy Altschuler]].<ref name="wsj2019"/><ref>{{cite web|url=https://www.forbes.com/sites/forbestreptalks/2017/03/20/what-donald-trump-can-learn-about-reviving-manufacturing-from-a-startup/#91da432abb8d | title=What Donald Trump Can Learn About Reviving Manufacturing From A Startup | work=Forbes | access-date=25 June 2019}}</ref><ref>{{cite web|url=https://www.usnews.com/news/maker-cities/articles/2017-06-28/bmw-ge-commit-millions-to-digital-manufacturing-marketplace | title=BMW, GE Commit Millions to Digital Manufacturing Marketplace | publisher=US News & World Report | access-date=25 June 2019}}</ref> Its customers include [[BMW]], [[NASA]], [[Robert Bosch GmbH|Bosch]], [[Dell]] and [[General Electric]].<ref name="wapo2021"/><ref>{{cite web|url=https://www.forbes.com/sites/marcoannunziata/2019/05/13/manufacturing-as-a-service-platforms-the-new-efficiency-revolution/#7cd3e5057fdb | title=Manufacturing as a Service Platforms: The New Efficiency Revolution | work=Forbes | access-date=25 June 2019}}</ref><ref>{{cite web|url=https://www.foxbusiness.com/features/xometry-raises-15-million-in-funding | title=Xometry Raises $15 Million in Funding | publisher=Fox Business | access-date=25 June 2019}}</ref>

Revision as of 21:16, 1 July 2021

Xometry, Inc.
Xometry
Company typePublic
Nasdaq: XMTR
IndustryMarketplace
Founded2013
Founders
Headquarters
Derwood, Maryland[1]
,
United States
Key people
George Horning (Chairman)
Number of employees
386 (2021)
Websitexometry.com

Xometry is an on-demand industrial parts marketplace based in Derwood, Maryland.[2]

Its CEO and co-founder is Randy Altschuler.[2][3][4] Its customers include BMW, NASA, Bosch, Dell and General Electric.[5][6][7]

History

Xometry was founded in 2013 by Altschuler and Laurence Zuriff.[2][5]

In July 2018, Xometry acquired MakeTime, a manufacturing platform based in Lexington, Kentucky.[8]

In January 2019, Xometry acquired Machine Tool & Supply of Jackson, Tennessee and began to offer cutting tools, metal, and other supplies for manufacturers via Xometry Supplies.[9]

In December 2019, Xometry acquired Shift, a Munich based on-demand manufacturing marketplace, which will now be known as Xometry Europe.[10]

Xometry has raised about $150 million in venture capital funding. Investors include Highland Capital Partners, T. Rowe Price Funds, and Dell Technologies Capital. Anticipating an initial public offering in 2021, the company appointed a CFO and added Katharine Weymouth to its board of directors.[5]

References

  1. ^ "Xometry S-1 SEC Filing Amendment 1". Retrieved 1 July 2021.
  2. ^ a b c "Xometry Raises $50 Million for on Demand Parts Marketplace". Wall Street Journal. Retrieved 24 June 2019.
  3. ^ "What Donald Trump Can Learn About Reviving Manufacturing From A Startup". Forbes. Retrieved 25 June 2019.
  4. ^ "BMW, GE Commit Millions to Digital Manufacturing Marketplace". US News & World Report. Retrieved 25 June 2019.
  5. ^ a b c "Xometry uses AI and algorithms to match manufacturers with hard-to-find parts". Washington Post. Retrieved 2021-01-21.
  6. ^ "Manufacturing as a Service Platforms: The New Efficiency Revolution". Forbes. Retrieved 25 June 2019.
  7. ^ "Xometry Raises $15 Million in Funding". Fox Business. Retrieved 25 June 2019.
  8. ^ Tia Vialva (2018-07-10). "Xometry acquires MakeTime, Raises $25 Million in Funding Round". 3D Printing Industry. Retrieved 2021-01-21.
  9. ^ "Xometry Aquires [sic] Machine Tool & Supply, Launches Xometry Supplies". Industrial Distribution. 2020-01-15. Retrieved 2021-01-21.
  10. ^ Steve O'Hear. "Xometry acquires European on-demand marketplace Shift". TechCrunch. Retrieved 7 December 2019.


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